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are planning to continue to burning massive amounts of carbon into the environment, but rather ensure the safety of the communities and promote renewable alternatives. the city should be making investments consistent with the cleaner plan, support the public good. our pension fund should divest fossil fuels polluting our environment . invest in the energy sources of the future again thank you to supervisor avalos and the many richmond district residents and people throughout the city who have supported this. >> president chiu: supervisor cohen. >> supervisor cohen: as a public service announcement i want to bring attention that i am the board appointee to the san francisco retirement board. i will continue to carry your wishes on this board but i wanted to manage the expectations that this is a nonbinding resolution; a statement of this body asking and urging the retirement board, of which there are six other members to take this under consideration and also want to know is that there is a very thoughtful, but fairly long and drawnout process, the divestment process to begin this pro
in san francisco. demonstrators spoke out against the stress of the environment and public health. among the protested the proposed key pipeline and pollution in low income community. all day we have been sweating out. our meteorologist rosemary is here. >> we have several and today is think i think is going to be the hottest day. let's take a look at some of the numbers from today. areas like oakland and san francisco broke the record. 88 in mountain view, all those in orange records set today. and i have to say, i want you to keep in mind there are many communities where the national weather service does not keep track of the record. so i am sure there are communities out there that probably topped it had record today but we just don't have that information. 74 in napa right now. it's still a nice evening out there. for some it's still a summer night. half hour until the sun set so we are on our way into a mild evening but i am beginning to see a change in the weather pattern. take a look here. we have had this northerly westg the fog out of the area. take a look. we got the surge comi
the chief of production goals from unconventional shell plays, i think the environment going forward has never looked brighter for u.s. infrastructure. >> i think et was yesterday someone said nat gas is the new safe haven, suddenly this is start to go look a little more price afforded. any view on that? >> i think that dmodty prices, a broader view, i think that peak energy, we believe in just the opposite at yorkville. we think energy prices will probably be the growth driver of the global economy. it has a lot of implications. it's very good for the u.s. and our consumers. it's very good for china. >> you say peak energy in terms of we're going to see declines -- >> i think we're going to see stability. the new energy supplies coming online are more expensive to extract from the ground, so you're not going to get back to $20 a barrel oil in our lifetime. but this $80 to $11 is 00, peaking at $120 dropping to $60 is probably a new range in the u.s. i see natural gas, it's at 350 right now, roughly, $4 to $6 range, $16 in japan, mid teen prices in germany. that's giving us a competitive
with the up-tempo nature of the opposed. we had two divisions they are. can be a highly stressful environment and as a young captain eric two years back and so for me it's somewhat personal. i was also a judge advocate there. i prosecuted cases and another prosecutor. he's a former defense defense attorney very well. i want to try to get to if we can clarity on the issue, which sthink of is e theydes my first question is, and if you could keep these answers as much as possible to yes or now so i can get through his many s possible, did dod officials consort you are members of your department regarding the decision to designate attacks on military and civilian personnel at the mac to work with violence? >> this is answer that is not yes or no. i'm just not familiar when interaction with advocate a part of defense with regard to this issue. >> of the witness would yield. this is a gentleman prosecuted by dod, by the department of defense, not the department of justice. john mchugh is a former republican is in his second term in the obama administration. this is a military procedure in terms of
with other nations to create an environment in which north korea will respond to a call for dialogue. south korea hopes to hold talks with the north on resuming operations at the kaesong industrial complex which is jointly run by the two nations. the north has blocked access to kaesong since early this month amid worsening tensions. >>> aung san suu kyi has spent the past several days in japan laying out her vision for her country's future. >> observers can find encouragements in the new survey. results suggest economic activity has picked up across the country. officials on wednesday released the outcome of the survey carried out in the businesses first 12 districts. they say recovery is apparent in housing and automobile markets. business owners in most districts also say production was on the up. officials reported hiring was unchanged or showed slight improvement but they said labor shortages troubled communication sectors. consumers up spending modestly except in tourism where spending is strong. some bosses in the military sector said they had to layoff employees after last month's au
different country, we are living in a very different environment where it is no longer patriotism and love and family, it is not terrorists and hate. we have toounderstand that. we have to say we are in fact committed to our liberties and freedom, but you know, the people also deserve to be safe in their neighborhoods and homes. melissa: you think we have to figure out what to do from here, how to live differently, what should have been the indifferently for something like this not happen? >> we have many students in boston. they get here on a student visa from countries all across the world and we are happy about that but once they get here they don't return. many of them don't return and they stay here for 6 years, they marry and become permanent citizens and we don't know if these two young men from chechnya, i know what that places like. i have seen violence in belfast and all these places where i have been, as a diplomat and an ambassador. the other thing is i always -- at the marathon and walking up the street and saw hundreds and hundreds of young people walking around with backpack
... are polluting our environment. [ sniffing ] [ seagulls squawking ] we didn't have u-verse back in my day. you couldn't just... guys... there you are. you know you couldn't just pause a show in one room, then... where was i... you couldn't pause a show in one room then start playing it in another. and...i'm talking to myself... [ male announcer ] call to get u-verse tv for just $19 a month for 2 years with qualifying bundles. rethink possible. oakland police announcing your rest of the murder, five suspects between 14 and 16 years ago have been taking into custody. we have video coming up of the scene boyer was shot and then drove his car down the hill. the suspects are so young is troubling. >> i am deeply deeply concerned by this by the fact that the person responsible for this man's murder ages range between 15 to 16 years old, unacceptable! we notice that the h for the suspect involved in many murders or robberies' are now between 14 and 17 years old. >> catherine >> catherine:president obama heads to boston thursday - for a the fbi is asking people to come for what many feel or anything t
. they are mostly used in environments for the environment, whether it be the sand in the desert or the jungle, it would interfere with the explosive. that has been traditionally their use. that being said, these things are easy to find, easy to make. i don't have to tell you, you can look up on the internet and see the step by step instructions out to do that. and matter of assembling the various ingredients you would do to put it together. that to expand on what he was saying, they are getting a lot of evidence how the bomb was made but they don't have a lot of evidence about who did this or why. the actual evidence that would lead to the person or persons involved. >> this suggests a slightly higher level of them what was first thought yesterday and if so, does that narrow down the net of potential suspects? >> it does. the black powder, the acetone, peroxide, you don't want to let it get went. absolutely right. you want to protect the explosives, the detonator. when this bomb went off, talked to a couple of people and their first reaction was what is happening to people coming back from af
of exchanges going on right now. forward to a post 2013 environment, to you believe these multibillion-dollar payments will continue regardless of their being an american presence or nato troop presence in afghanistan? maintaineve we need to a constructive and effective relationship with pakistan. we need to recognize the real threat that pakistan has inside of its own borders. from my perspective we have to do whatever it takes to ensure that our national vital interests is protected. >> one of the things i am always looking into that aid is whether or not it does serve the military. you are saying we need to do whatever it takes to continue that relationship. are you saying that payments of that size and nature are going to be what is required in the long run? >> i believe it is in our best interest to continue to develop the pakistani army in ensuring that they can effectively deal issues in their borders. i cannot tell you that every program we have in place is one we ought to assisting in the future. that is not something i paying particular attention to in my current duties. i am
police department in the world, something i'm very proud of. but it's a complex environment. 8.4 million people. we wanted to know more about the neighborhoods that we were policing. that's the report that we did. the so-called demographics unit since change theed name, but that's what you're reporting about. it was never put in place to generate leads. it was put in place for us to have contextual information. people will say you have people not generating leads. but we generate leads in other ways, but not from that particular unit. >> how important is it it to have the cooperation of the muslim community? because one thing i'm struck by, it is citizens who report things. so the time square bomber, the police was a block away but it was a local vender who tips you off. in this case, it it appears that this guy who got his legs blown off said i want to tell you something. i saw this guy dropping a bag off. so is it important to have a cooperative relationship between a police department and these communities that you're looking at? >> sure. and we have a strong working relationship with
anywhere here in oakland, even in a beautiful neighborhood like rock ridge. it's a target rich environment. >> reporter: in this case, the shooter took off without stealing anything, leaving one man hospitalized and the neighborhood rattled. >> the coast guard boat returned to the home port in alameda today after a month- long mission. she performed two rescues along the way, the first involving two people about 90 miles off of san diego in a sinking boat. the other was just two days ago when there was a cap sized boat off of san diego county. they seized more than 2400 pounds of marijuana. there's no word on when she will shove on her next deployment. >> a really nice day across the entire bay area. lots of sunshine as temperatures are back up into the 70s and 80s. even san francisco maxed out in the 70s this afternoon. right now on live storm tracker 2, you can pick out the radar and satellite loop. you will notice the clouds heading up to the north. but the bay area is in the clear right now. we are expecting clear skies for the overnight hours. as far as current temperatures updated fo
-- scare people, but what you should do in this environment is don't get distracted from there, don't go for fear. >> ross, if what you're saying suggests, perhaps, gold still is a safe haven, why do you think so? >> let me qualify that. it's an imperfect safe haven. it's an imperfect safe haven, particularly in the short run. >> against what? >> against financial meltdown or inflation or politicians not doing what they should do, in that case. so it's an insurance plan, if you like. >> is the reason we have this down move is because people are now -- is the gold pricing in the fact we're not going to get more qe out of -- >> it may be. and it's part of the story dwr the shorts have hit gold is not because of what has happened, but because of what hasn't happened. we haven't had hyper inflation. we didn't have the euro collapse. certain things didn't happen. i think that would have aggravated the gold market. fundamentally, it still remains in the short-term a long haven and imperfect. >> if nvs the kind of move, you know, that indicated that if gold were going to respond to more quantit
back to what is a normalized environment. what does that even mean? i can't value it. i don't know how to value. >> i think it's interesting, the mainstream press. the front page of the washington post is the spring swoon and how we cannot seem to escape this economic decline and we've seen the past couple of springs and the front page of the journal is walmart and kohl's taking more time to pay their supplier, a trend they say is getting worse. those are not marginal positives, jim. i look at bank of america. i look at j.p. morgan and i say i'll pay 83.5 for 50,000 j & j. the trade is i don't want to mess with the stuff. proctor, look, he's making the quarter. he's going to make the quarter. >> raw costs coming down and coca-cola, by the way. raw costs are coming down, but they will come down. another one that is just where people are hiding. david, it's hide and don't seek. >> it is, but to carl's point, we've come out of the last few years and animal spirits start to feel strong. >> right. underlying economic growth is strong and everyone is revising up their gdp numbers up to three
store and there are issues i have about consumer protection in that environment. while i appreciate, it is a concept that could work, we need strategies that are going to take into consideration varying factors and that the goal here, and in addition to being able to be in the black, is that, you have a public service and we have to serve these con at this time cents. i would really encourage you with your leadership on the board of governors to really think about ways that are going to be unique, more than just flexibility to get there. that you're looking at quality, connectivity, those relationships, the rural fabric in these states, related to the post office. when i was in inaing the postal service was a very effective partner in receiving those constituents, thank you. i yield back. >> thank you. and recognize the gentleman from mr. georgia. >> thank you, mr. chairman. just in listening and writing down notes, we went all over the map from the importance of postal service. i don't think anybody will detract from that. we talked before. you been in committees before. i serve an
and the potential for further government spending cuts and the regulatory environment. >>> and listen up, everybody.it looks like fed chairman ben bernanke, he's going to to the annual jackson hole symposium this week. it may not sound like a big deal, but this is the first time he's marked that event since 2006. reuters quote the spokes woman who says bernanke is not planning on attending because of a personal scheduling conarthritic. they've used this forum to try ask preview important fed actions. just about every big move they've made along the way he has made public at jackson hole. people have been wondering if he was going to talk about a potential successor this time around. >> can i give you a conspiracy theory? if this is -- this is like your place. if you run the fed, you go to this thing, right? and if this was going to be the last time you could go as the fed chairman, if you thought that he was going to be stepping down next fall or next spring, rather, you probably would find a way to show up. >> actually, i look ate more as him having not made up his mind yet. if you haven't decide
on environment quality are on site, they are monitoring and they are ensuring that the public is safe and that's all they would say. >> is this a plant that's had safety problems or regulatory problems in the past? >> we do know from comments made by the suspect of education that a couple of months ago in february possibly the plant did a controlled burn of some lumber and trees that were on site and they did a controlled burn and they asked that the intermediate ya school nearby be evacuated while they do that controlled burn but other than that that's the only thing or concern issued one gentleman cannot return to his home, the blast burned his windows and doors off, he t me he's had concerns about possible chemical contamination but he never thought there elos said he never really pursued those concerns but he did have them uaz: ammonium nrate is a commonly used fertilizer. is this an agricultural area of texas? is west a logical place to have a plant of this kind? >> yes, indeed, it is. and the plant has services all of the farmers and ranchers in this central texas area around west and on
in a diversionary environment? >> obviously the world is very dynamic. we have the report from china that their growth was not as robust as expected. economic act two that he is not quite as robust to support this type of equity market. there are concerns that confidence is fading on the u.s. federal reserve monetary policy as well. >> i think that is part of it. i think what you observe in a marketplace is at the asian market is still very interested in gold. they are very active in this cold environment. earlier this year, the indians were a little bit challenged. this clearly opened up the window for them. lori: let's talk about some of these gold mining stocks. a lot of people were concerned about the gold mining companies. getting back to your discussion with me on production costs versus -- do you think they are on a more bullish trajectory? >> i think we are getting a realignment that is a positive for the industry. lori: would you put new money into shares? >> not a position for us. lori: i appreciate your take. thank you. melissa: will the deadly boston terror attack change
a little bit. the analyst at deutsche bank said considering this macro environment chipolte might not want to do that so quickly. there is so much competition in share of your stomach pace, right with burger king, panera, and mcdonald's. they are all doing restaurant innovations and menu changes appeal to customers who are watching their every penny. back to you. david: thanks, lauren. have a good weekend. liz: the burrito bowl is popular item at fox business because they're just across the street. >>> major airlines in america have a new destination and that is federal court. david: they're suing the government. they're hoping to head off expected big flight delays that are coming next week or expected for next week. jeff flock following that story at o'hare international air board in chicago. jeff, what is the story? >> they say the government could stop this if it wanted to but they're using it as a political football. look at this for example. this is weather day. see all the yellow? those are all delayed flights. this is typical weather day. they say that will be like that every day f
something. about being aware of your environment. if it looks unusual. tell something abit. a -- about it. >> best advice. don't let them affect your life. go back and live your life. >> live your life. when you compromise how you live that gives them a victory. as painful as it is to day. you can't let them succeed by us changing the norm and how we live. can't let them win. no victories. >> i think the last point is so important. you can't let them win. can't say i will not go to the ball game because of what if? that's what they want. >> that's what they want. they want you to stay home and watch this coverage and be too scared to do anything. you have to go out and live your life. important clues, for as chaotic as that look. there are important clues of behind the -- >> the injured. if anybody has hand injuries. some one could be using bomb make mag terl and residue on their hants. >> this shrapnel and things that could have come from the device itself. >> that's right. and pierre thomas is reporting what they want to see is how was it detonated, remotely detona detonated, with a cel
environment and fortunately we had this happen that the first responders were ready and the tents were there and we do have some of the best hospitals in the world and it could have been norse -- worse. neil: but what it does about shaking america is confidence i will say we had been immune but largely save since 9/11. of lot of close calls that we have dodged that while seeing madrid, london, but not here. does this get americans that it cast a pall over this country again? >> is certainly makes us more aware if you have to be diligent to your surroundings that is something is out of place reported you are wrong you are embarrassed but if you are right you save lives. we live in the greatest country of the world we are best when our back is against the wall i am most proud of our country right now. people working together in marathon runners running to the hospitals to give blood. that is the of country we live in so hopefully people will be more aware but hopefully they will get mad with this form of terrorism to get back with the drone strike that we will stand tall and continue on
for the environment. we don't have the waste in the landfills and it's also harmful to animals. >> they're messy, people throw them everywhere. they plug stuff up and i would like it to be a little cleaner for my grandchildren as they grow up. >> reporter: according to the san mateo health system, most end up as litter or in landfills. the new law will not completely eliminate plastic bags because some grocery stores may give them out for produce. if you forget to bring a bag, the store might charge you. >> people who are already charging you, they charge you for everything in the world. i think it's a cost that's not necessary. >> if i forget one at home, i am gladly going to pay the 10- cents. >> reporter: as a reminder you might want to put that reusable bag in your front seat that way you don't have to pay the extra money. i'm paul chambers, ktvu channel 2 news. >>> unincorporated areas of santa cruz county are toughening the ban on plastic bags tomorrow for earth day. the city of santa cruz exempted restaurants on the ban which began april 10th. >>> just how many acres have burned in a larg
that only becomes more true in these environments. think about, this isn't islamabad coming online. think about what that does for education, for health. think about 5 billion new witnesses that can document atrocities that are being committed. of course there are challenges but there is a lot of good news ahead of us. >> everybody's empowered. you do a google search when you go to a doctor and instead of sitting there where the doctor is playing god -- >> has all the info -- >> you have as much info as you want going in there and a lot of doctors hate that. you can say wait a second, isn't there a possibility if you do that, this is -- we are empowered in every way from powered by a car and how we're taken care of and also democratically. i had had a political science professor who told me back in the '80s the soviets were mar for worried about a xerox machine than a cruise missile in west germany and she was right. >> the empowerment of information of people is really the way to solve almost every problem. when we went to north korea our idea was that if we could just get a little bit o
a temporary file restriction over a section of the boston area to provide a safer environment for law enforcement activities. logan airport remains open under heightened security. most flights departing and arriving on schedule. greyhound bus service has been suspended. dagen: thank you so much. it is not just boston. this will be felt in the northeast. thank you so much. connell: a briefing any moment from local authorities. you will see it live. you will keep you up-to-date as we have been on what is happening in the markets throughout the day. mike baker joins us on the telephone right now. former cia covert operations officer and president these days of his own intelligence firm that he is a part of. one suspected terrorists has been killed. another is still at large just outside of the big american city. what stands out to you? >> well, i mean, so much for disgruntled tax filers irresponsible for your will attack. you know, this opens a single to all sorts of investigations. right now obviously there is a major effort not just ride on the ground in the immediate boston regional a
environment. so we think they have got a number of positive stimuli going forward. probably a cheap as pe that emc has had for several years. lori: gene, make us some money here if you would. really interesting defensive stocks really led this rally. what do you think if we're coming down now? >> well, you know, leadership has been in a lot of different areas, and not just year-to-date but over the last year-and-a-half. david: forgive me, guys, i have got to break in here. we have american express express earnings. dennis, what are the numbers? >> yes the numbers beat the street on earnings but fall below revenue. street wanted 8.03 billion. earnings per share, american express, 1.15 a share. street was thinking $1.12. that is a beat. quarterlyly dividend for amex raised 15%. the company will spend $3.2 billion extra this year on stock buybacks before year-end and another one billion dollars in the first quarter of 2014. stock buybacks support a stock price. can't tell, looks like amex might head down. wall street hate as miss even though earnings beat. lori: todd horowitz, earnings seaso
money printing. in those environments, gold does very well. you have the goldman sachs downgrade. you have people picking sides. then you have the slowing chinese debt. i think that really hits the market all at once. that led to margins being that and they continue to tumble downwards. dagen: talk about the difference you are seeing in behavior. are you seeing any selling among those physical gold owners? >> not as dramatic of a difference. we are a precious metals platform. on friday and monday, we had four to five times as many body and sell orders. we have done our own research. i think that plays into my point. it is somewhat reminiscent to what happened to apple. in the paper market, you have a dramatic selloff. in the physical market, the demand is very, very strong. connell: let's follow up on that. let's talk about apple. the big game for the dollar versus the euro. is that part of the case you make for gold? >> i think part of the reason is for safety. in times like this, i think now is a fantastic entry point. it is certainly better than two weeks ago. it is uncorrelated. t
slices so everybody can eat. you need to get more pizza. in order to do that you need an environment good for business. and i think they have all lost sight of that. it's not about taxes, redistribution. >> are you looking for a quick fix? >> there's no quick fix to this. there's a very difficult fix to this and things if both sides will have to do that are uncomfortable in the short run. lying about it isn't going to make it better. by saying social security, medicare, medicaid aren't in trouble, is not going to make it better. >> working so well. >> despicable. >> bob, thank you for coming in today. >> thank you. >> j.j., rick, see you soon. thank you. >> always a pleasure. >> our guest host will be with us the rest of the show. >> very excited this morning. >> tell us what you really think. coming up, more on goldman sack's earnings report. beating the streets expectations by 40%. up next, reaction from financial sector analysts. the one and only dick bove. ♪ ♪ the new blackberry z10 with time shift and blackberry balance. built to keep you moving. see it in action at blackberry.co
whether these were small bits of metal placed there intentionally or part of the environment. >> reporter: shrapnel is just one of the clues investigators will be looking at. >> there are fragments everywhere, there are fragments everywhere, there are fragments within the victims. fragments in the sidewalk. what they're going to be able to do is probably reconstruct the timer device, what was used, they're going to look at the components of the bomb, able to tell them is this just somebody that put this together over the internet or is this a bomb maker? >> reporter: hundreds of state and federal investigators have descended on boston to try to find out who could have built the bombs and set them off. >> there are federal, state and local law enforcement all on scene and coordinating very close ly. the fbi has taken charge of the investigation. >> reporter: this type of attack has long been law enforcement's worst fear, a soft target where suspects can easily blend in and inflict mass casualties. the boston marathon is a heavily policed event. more than 500 national guard troops were on s
with our reduced output so the faith is still there, that it's well run in a bad macro economic environment which comes back to mcdonald's which you have a note out today from sus can dehanna which says it is executing across the world and it is stable in its market share or gaining and it is against it. that seems to be the major theme. >> another theme that's sort of emerged in these big companies, citigroup, as well is the strength of the latin american consumer and the latin american corporation. caterpillar noting that lshg, even though china continues to be weak and there seems to be a shift from asia pacific to latin america coming from these multinationals. >> resuming the buyback does not hurt by the end of the year. it had approved for a while in '07. >> and that might be taking some of the sting out of this today. >> when we come back, yet another price target cut for apple ahead of its earnings and this time from bmo. colin gilles over at bgc is upgrading the stock this morning. which one is right? we'll hear from both analysts this morning. the dow coming off its worst week sin
and also some worries about the global growth environment. we think we may have a little bit of a pause here, but we're going to see continued growth through the year. it will be rewarded by take risk in the stock market. >> why? >> because with growth keeping up and inflation being under control, monetary policy is going to stay very easy, and we see that as being something that's going to lead to equity returns being positive. >> you have to admit, we've had a very good first quarter, 10% gains for most of the averages, 15% at the most extreme. aren't we due for a correction of some kind? >> well, we could absolutely have a pause here and a small correction wouldn't be off the realm, but without a big downturn in data or a big change in monetary policy expectations, i think it will be relative tame. >> what have you thought of the earnings so far this season? >> they've been modestly disappointing. we got some news today about corporate business jet appetite that was a little bit disappointing. but then look at the fed beige book report today, where they saw their seeing slightly impr
-term, but in this environment, where sentiment, we've got unusually bearish quickly. we've got more weakness in store. >> so you would wait. this isn't necessarily an entry point for you, yet? >> no, if i had cash on the sidelines, pretty much at the close of today, the average stock in the s&p 500 was off about 7% from its 52-week high. the average technology stock, 11% from its 52-week high, if we get another 3% to 5% down in stocks, then i think that cash on the sidelines should be absolutely put to work, because the next two or three years still bodes quite well for the stock market relative to most other asset classes. >> i may have to break in momentarily when those american express earnings come out. but first, jerry webben, let me ask you, the fear has been this week with news out of china, some of the economic data that we've gotten here, that maybe the global growth rate is slowing down. do you sense that at all? >> i think, yes, both in the u.s. and in china, we've seen some slowness in the emerging markets and europe remains extremely weak, but you've got to look at those growth areas in the u.s. wi
to bring a little kin to the environment. here's some of what you said. r.d. copeland tweeted us, i build raw bale and ear plasr homes. can you explain what that means? >> he's got two brothers. >> i was thinking the same thing. >> we applaud him for what he's doing. >> i bet it smells goodtoo. >> another one. lindsay says her forite way to save the planet,sing cloth apers an wipes. >> i heard about that when i had my daughter. >> and then what happened? >> i think i tried it for, like, two days. >> you have to watch them. i thought the smell, and the sink is full of you know what. >> why do you hate the environment? >> willie! >> giada knows being green is a ar round deal. she's been working with ks in an elementary school in l.a. to plant a gardennd grow their own food. >> that's terrific. >> how did this come about? >> what i did in partnership with my agency is that we adopted the school i compton, californ. it's foster elementa, and there's a lot of actual kids who are foster kids in the school. what i really wanted to do tru was just allow them to have a pleasant, fun, educational e
on the environment and wildlife. let's look at where the ban applies. these include grocery stores, convenience stores, pharmacies as well as other shops. the ban does not include restaurants food takeouts or bags used for produce, meat, bulk foods d prescription meds. we want to make note, if you don't have that reusable bag handy starting today here in those san mateo county cities, you will have to pay 10 cents for a paper bag and that fee is going up in 2015. it will go up to 25 cents per paper bag. so it's a good investment to make right now. live in menlo park, cate caugiran, kpix 5. >> by the end of the year, at least 17 cities in san mateo county will have implemented that plastic bag ban. >>> new this morning, it turns out a new waterfront development deal in oakland requires a substantial down payment from taxpayers. our own phil matier reports that to help swing the deal with chinese backing, oakland has agreed to spend about $25 million in unused redevelopment money. that money would be used to buy two parcels of land from the signature development group. >>> later today oakland sch
're in a zero yield environment. if you provide a little extra, investors are really happy about that. liz: good to see you tom. speaking about ipos and talking about, that i will speak with the ceo of seaworld as i mentioned that is tomorrow on the "countdown to the closing bell". that is -- the closing bell. maybe? james atchison. we'll have him. david: you like fairway? liz: i do. you know why? because the cheese is so much less than at whole foods. david: been years since i eat cheese. some the workers that say you pay your taxes are scramming the system and stealing your tax dollars. the details of this story are going to make you furious. might want to get the kid out of the room. that is next. liz: google starting to distribute pricey brand new internet connected glasses called google glass. we want to know if you would fork over $1500 a pair? log on to facebook.co facebook.com/afterthebell. tell us what you think. we'll read your comments later this hour. ♪ . are you still sleeping? just wanted check and make sure that we were on schedule. the first chnology of its kind... mom and dad
a weaker or softish commodity environment will drive that even further and higher. >> when i see you, the one commodity which is oil, give me your take here and correct me if i'm wrong, but you've always been a big bull. >> yeah. reality is oil. we just don't have a lot of new sources for it and you really have to take the world and slam it to almost zero growth before that would really undermine the supply/demand picture for oil. oil production grows about a million, a million and a half barrels a year and demand grows about that amount and the cost structure to bring that on is now $80 to $90 a barrel and i can't say this doomsday scenario that people say the oil markets will be prone to, and if it fits in the broader picture that the global economy is doing fine, you will see oil bottoming here in the next $5, $6 a barrel and probably making close to a new high by the end of the year. so everybody understands why that's a positive, but there are some who want to read both the decline in crude and gold as, all right, we're not going to have inflation and we're also not going to hav
in the first quarter. there is not much opportunity in a low yield environment. we're looking low single-digit type returns. maybe mid single at best. i think emd is is one of those opportunities. central banks paused in the first quarter in most markets in emerging market countries. i think the bump in yield we saw in the first quarter is an opportunity. we still think longer term those economies grow faster than developed countries. much less debt relative to the size of the economy. lori: i have to sop you there. we have breaking news. >> that opens up potential easing in the coming months. lori: it is an important part of every once investment portfolio. anthony, thanks. we'll check in with you. >> thank you. melissa: we have more breaking news about those reports that investigators believe they have identified a boston bomb suspect. rich edson is live at the white house with more on this rich, what have you heard? >> here are the details. fox news confirming authorities investigating the boston marathon bodies have an image of a young man carrying and perhaps dropping a bag at the s
easy. it is challenging in this fiscal environment. administrations 39 budget -- $39 million budget request. consistent with what congress appropriated in 2013 for the department before sequestration cuts were applied. the level of funding in this budget is lower than what congress appropriated in 2009. stepping back and thinking of the challenges that our country and this department has faced since 2009, times square bombing, hurricane sandy, the ever-changing and growing cyber threat, and of the boston attack, it is easy to become concerned with this budget request. we are facing extremely difficult budgetary times. sacrifices must be made. they may not receive all of the funding. and agencies in government must share in the sacrifice to some extent required during this deficit. our secretary seems to have taken this message to heart. he is identified $1.3 billion in savings this year and more than $4 billion since 2009. he continues to move from a risk-based approach and it effort to save more money. i'm happy to see this budget proposes a much-needed increase for cybersecurity,
that poison our water... and harm wildlife. and millions... are polluting our environment. [ sniffing ] [ seagulls squawking ] ♪ i -- i got it ♪ i got it made, i got it made ♪ i got it made ♪ i got breakfast made fresh at subway® ♪ ♪ breakfast made the way i say [ male announcer ] at subway®, you got breakfast made. like a sunrise subway melt™ with chipotle southwest sauce. ♪ at subway® ♪ >> keeping our eyes on wall street in the kron 4 morning a down day today. the opening bell at 630. what a day yesterday about 158. . the dow fell to under 65 on monday. we're starting to see larger swings in the market. a strong report on housing. good quarterly earnings for major companies help the stock market rebound. the dow jones of wanted to dig for its close at 14,007 and 56. the nasdaq rose 48. closing at 3000 to about 64. ya hoo try to turn around with marissa mayer at the helm. the overall revenue for the quarter was lower than expected. we're seeing yahoo shares around 2% lower in pre-market trading. we could see a big drop but the start up early trading. will bring t
's pat tillman run. >> extremely challenging, not a secure environment. we can't put fences around, can't put an officer every two feet. we rely on every set of officers. >> so many radicalized groups, so many individuals out there, so many large events and soft targets, regardless of the event, the best security is knowing of the threat before the events occur. that means intelligence and lots of cameras, electronic surv surveillance and more law enforcement. >> for the most part, the public has said we'll accept that, it's the world we live in. >> reporter: identifying who carried out the bombing will help security officers everywhere, but no way will it change the threat to large public events. russian officials have also said in sochi for the winter olympics, they are watching what happens. and it's music festival season. it's the coachella vest festival and 4th of july events are very open events as well. all authorities looking at boston. hoping once they figure out what happened in boston it will help them go forward and make their venues more secure as well. don. >> all right. m
of the slow to modest growth environment. interest rates we think will stay pretty low. that overall is a reasonably attractive back drop for companies to deliver okay earnings growth. and so we can take earnings disappointments as long as it's minor. but as you say, it is a gdp and an earnings cliff, then we return to late '07/'08 type markets. we don't think it's going to happen, though. >> jonathan, it's ross here. what would you describe as okay earnings growth? >> well, i mean, okay in the context of the last six to nine months has been earnings estimates coming down week after week after week after week. the aggregate impact of that, though, is that european earnings growth expectations for 2012, remember those numbers are not finalized until we see the full years coming in the first part of this year. analyst expectations started last year around plus 10% and then our minus 3%. that's quite a big shift down when you put that into context of what we saw in 2008 where the earnings estimates went from plus 20 to minus 50%. so we've really seen in the context of previously earning
environment. in fact, speech to text actually look longer than traditional testing, due to the need to correct errors in the electronic transcription. some 35 percent of drivers admit to read a text or an e mail while they're driving at any given month, with 26 percent admitting that they were typing one, according to the data from paying a eight.aaa >> . we will be right back. hey! did you know that honey nut cheerios has oats that can help lower cholesterol? and it tastes good? sure does! ♪ wow. [ buzz ] delicious, right? yeah. it's the honey, it makes it taste so... ♪ well, would you look at the time... what's the rush? bee happy. bee healthy. with clusters of flakes and o's. oh, ho ho... it's the honey sweetness. i...i mean, you...love. >> the time now is 5:45 a.m., here is a look at some of the top stories that we are falling. a tense standoff is happening right now east oakland, a man wanted in a late-night shooting has barricaded himself on the 1100 block of 65th avenue, near the colosseum gardens. if it has been going on for over seven hours. we have a live crew on the scene and wi
but not faulty aggression. he has to be able to work in different environments and have the drive. >> they look like german shepherds but they're not, correct? >> correct. this is a belgian. they're very similar. dutch shepherd german shepherd and this one. >> i remember the raids carried out on osama bin laden's compound that we learned about a mall inroy. his name was cairo, is that correct? >> that's correct. >> that's the first time i got the sense that wow, these are dogs with elite units. >> absolutely it's something that has. been -- >> what do they do? why is it so critical to have a dog? >> the primary thing for them is bomb detection. to have the ability for a dog to be able to move out in front is priceless. >> and i kept -- when did this start happening? did somebody say let's bring a dog and somebody said that's not a good idea or did somebody say, that is a good idea? >> dogs have been used since man existed but special operations started using them in vietnam and then after that the programs were largely disbanded and after 9/11 it was decided s
this is not an environment in which to address this. there are serious allegations of what they knew and did not know, and we'll have the benefit of hindsight. we are all monday morning quarterbacks on this, but because of his and issue intricately woven into legislation, we ought to let the dust settle, the emotions calm down before we address it. ashley: when you look at the root they took, everything was done legally. they went through the process, the younger brother became a citizen on 9/11 last year, the older brother held a green card, they filled out all the forms. what did the fbi now reportedly, allegedly i should say, knew they were tipped off the older brother, there was concerned about him. from an immigration point of view, some say they got through the cracks. tracy: fbi does not monitor immigrants. the fbi would only get involved with immigrant if there is credible allegation of criminal activity. it did not rise to the level of prosecution of credibility. they can only go forward with and do something with evidence when there is enough evidence to move forward with it did not exist at the ti
public venue 500,000 people, you can't create a fail safe environment. >> reporter: investigators have swept up a large amount of potential evidence including small bomb fragments and surveillance pictures and tape but we have to say it's too early to know if this attack was a work of a terror group, domestic or foreign, or the act of a lone wolf who was inspired to act out. charlie? >> bob orr, thanks. cities around the country increased security. with us now is rudy giuliani, mayor of new york city during the 9/11 attacks who consults with other cities on handling terror attacks and also john miller, nypd commissioner during mr. giuliani's tenure. this turns the clock back to 2001. whatever the thinking was on september 12th is now the thinking today. >> it really reminds us, right, of what we knew on september 11th and september 12th that the big news here is this is a horrible attack, terrible attack, my heart goes out to the people that were hurt but surprising there haven't been more of these since september 11th. we expected many attacks like this. the really remarkable story is
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